Delek US Backtesting

Delek US Holdings -- USA Stock  

USD 46.62  0.35  0.76%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Delek US Holdings and determine expected loss or profit from investing in Delek US over given investment horizon. Additionally see Delek US Hype Analysis, Delek US Correlation, Delek US Valuation, Delek US Volatility as well as analyze Delek US Alpha and Beta and Delek US Performance.
 Time Horizon     30 Days    Login   to change
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Delek US 'What if' Analysis

February 18, 2018
0.00
No Change 0.00  0.0%
In 2 months and 1 day
April 19, 2018
0.00
If you would invest  0.00  in Delek US on February 18, 2018 and sell it all today you would earn a total of 0.00 from holding Delek US Holdings or generate 0.0% return on investment in Delek US over 60 days. Delek US is related to or competes with Eni SPA, Antero Resources, , CJ Energy, Diamond Offshore, and Ecopetrol SA. Delek US Holdings, Inc. engages in the integrated downstream energy business in the United States

Delek US Upside/Downside Indicators

Downside Deviation2.21
Information Ratio0.3551
Maximum Drawdown10.9
Value At Risk2.08
Potential Upside4.28
  

Delek US Market Premium Indicators

Risk Adjusted Performance0.5861
Jensen Alpha0.7581
Total Risk Alpha0.7915
Sortino Ratio0.3531
Treynor Ratio2.89

Delek US Holdings Backtested Returns

Macroaxis considers Delek US not too volatile given 2 months investment horizon. Delek US Holdings secures Sharpe Ratio (or Efficiency) of 0.3615 which denotes Delek US Holdings had 0.3615% of return per unit of risk over the last 2 months. Our philosophy towards predicting volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. By reviewing Delek US Holdings technical indicators you can presently evaluate if the expected return of 0.8093% is justified by implied risk. Please utilize Delek US Holdings Coefficient Of Variation of 289.79, Mean Deviation of 1.63 and Downside Deviation of 2.21 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Delek US holds performance score of 23. The firm shows Beta (market volatility) of 0.2599 which denotes to the fact that as returns on market increase, Delek US returns are expected to increase less than the market. However during bear market, the loss on holding Delek US will be expected to be smaller as well.. Although it is vital to follow to Delek US Holdings historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. We have found twenty-one technical indicators for Delek US Holdings which you can use to evaluate performance of the firm. Please utilizes Delek US Holdings Treynor Ratio, and the relationship between Variance and Potential Upside to make a quick decision on weather Delek US price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.91 

Excellent predictability

Delek US Holdings has excellent predictability. Overlapping area represents the amount of predictability between Delek US time series from February 18, 2018 to March 20, 2018 and March 20, 2018 to April 19, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Delek US Holdings price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Delek US price fluctuation can be explain by its past prices.
Correlation Coefficient 0.91
Spearman Rank Test 0.89
Price Variance 6.23
Lagged Price Variance 2.33

Delek US Holdings lagged returns against current returns

 Current and Lagged Values 
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Delek US regressed lagged prices vs. current prices

 Current vs Lagged Prices 
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Delek US Lagged Returns

 Regressed Prices 
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Current Sentiment - DK

Delek US Holdings Investor Sentiment
Larger part of Macroaxis users are currently bullish on Delek US Holdings. What is your opinion about investing in Delek US Holdings? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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BATS Exchange Efficient Frontier

Diversify in USA Market
The main assumption in equity investing is that a higher degree of volatility (or risk) means a higher potential (or expected) return on investment. Conversely, investors who take on a low degree of risk have a low expection for return.
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You can create optimal portfolios in USA market or optimize your existing portfolio in one of two ways: 1) For any level of risk, select the one which has the highest expected return. 2) For any expected return, select the one which has the lowest volatility.
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Additionally see Delek US Hype Analysis, Delek US Correlation, Delek US Valuation, Delek US Volatility as well as analyze Delek US Alpha and Beta and Delek US Performance. Please also try Idea Breakdown module to analyze constituents of all macroaxis ideas. macroaixs investment ideas are predefined, sector-focused investing themes.